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12 Dec 2014, 11:00 am by Marsha Tesar
  For example, you could choose a team that looks like this: A corporate trustee to keep the records, prepare taxes, and keep custody of the assets. [read post]
6 Dec 2017, 9:00 am by Moynihan Lyons PC
Sometimes it is acceptable for a removed trustee to refuse to turn over assets, according to the Wills, Trusts & Estates Prof Blog in "Removed Corporate Trustee’s Refusal to Turn Over Trust Assets to Individual Trustee Was... [read post]
9 Aug 2010, 2:16 am by sally
BNY Corporate Trustee Services Ltd v Eurosail-UK 2007-3BL plc and others [2010] EWHC 2005 (Ch); [2010] WLR (D) 223 “The requirement in s 123(2) of the Insolvency Act 1986 to ‘[take] into account [the company’s] contingent and prospective liabilities’ when determining whether the value of the company’s assets was less than the amount of its liabilities could not require such liabilities to be aggregated at their face value with debts presently due, nor… [read post]
9 Mar 2011, 1:11 am by sally
BNY Corporate Trustee Services Ltd v Eurosail-UK 2007-3BL plc and others [2011] EWCA Civ 227; [2011] WLR (D) 73 “A company was ‘deemed to be unable to pay its debts’ within section 123(2) of the Insolvency Act 1986 when the amount of its liabilities, taking into account its contingent and prospective liabilities, exceeded the value of its assets to such an extent that the company had reached the point of no return, and if it continued to use its cash or other… [read post]
21 Mar 2022, 12:56 pm by Cari Rincker
When to Consider a Professional or Corporate Trustee A professional or corporate trustee is valuable in several instances. [read post]
30 Aug 2018, 3:32 pm by Aaron Squires
If you are considering a professional or corporate trustee. [read post]
Most major corporate trustees and trust companies are qualified and quite capable of providing trustee services. [read post]
28 Jun 2016, 7:52 am by Daily Record Staff
Real property — Foreclosure sale — Notice to borrower and former property owner Appellees and substitute trustees, Carrie M. [read post]
29 Jun 2014, 6:11 pm
In that case, the person removed as a trustee may apply to court for reinstatement.The relevant provisions are sections 14 through 17, and 78:Person not qualified to hold office of trustee 14 A person ceases to be qualified to hold the office of trustee if any of the followingapply to the person: (a) the person is an incapacitated person; (b) the person has been convicted of an offence involving dishonest  conduct  under (i) an enactment,… [read post]
23 Jun 2022, 3:58 pm by Alexis
 Another option, somewhat in between a family member and a corporate trustee, is a professional trustee. [read post]
25 Apr 2008, 5:00 pm
The ability to fire a current corporate trustee and appoint another corporate trustee of their choosing would seem to address all of the trust-beneficiary grievances reported on in the NY Times piece. [read post]
12 Nov 2009, 3:39 am
Perpetual Trustee Co Ltd and another v BNY Corporate Trustee Services Ltd and another Butters and others (joint administrators of WW Realisation 8 Ltd and another) v BBC Worldwide Ltd and others [2009] EWCA Civ 1160; [2009] WLR (D) 322 "The anti-deprivation rule, which as a matter of public policy prevented parties from contracting out of the [...] [read post]
10 May 2016, 4:02 am by Dan Antoun
On 21 March 2016 the Supreme Court heard the appeal of BNY Mellon Corporate Trustee Services Lte v LBG Capital No. 1 plc & Anor. [read post]
28 Oct 2013, 7:31 am
  One or more individuals or corporate fiduciaries can serve as Trustee. [read post]
11 Apr 2012, 11:47 am by David Jacobson
This regulation amends the Corporations Regulations 2001 to facilitate the transfer of authorised trustee companies to the new licenced trustee company regime. [read post]
16 Jul 2009, 9:35 am
Trustee asserts that Reynolds does not constitute an "independent corporate director" and the appointment of a chapter 11 trustee is therefore necessary under section 1104 of the Bankruptcy Code.Download copies of every document filed in this bankruptcy case and the bankruptcy cases of over 600 other major corporations using netDockets. [read post]
23 Feb 2011, 4:18 pm by David Jacobson
The Corporations and Other Legislation Amendment (Trustee Companies and Other Measures) Bill 2011 has been introduced into Commonwealth Parliament. [read post]
16 Nov 2011, 12:43 pm by Shahram Miri
  In terms of a person, a corporation can serve as trustee. [read post]
2 Jul 2022, 7:32 am by Rincker Law
Successor trustees can be an adult child, family member, trusted friend, or a corporate or professional trustee. [read post]